Bitcoin continues to draw support off of the 0.5 long fib as we near a consolidation phase much needed for indicators to 'relax' somewhat. That being said, we also are seeing that late monthly buying trend still in play.In a perfect world I imagine the price continuing the bull walk until around the 29th of June and then beginning consolidation efforts during the coming long holiday weekend at the first part of July.

I think most of you are aware by this point that it is not a perfect world so I would suggest you #dyor

So to sum it up, no..the baby bull market is not just going to suddenly turn itself off today but there will be times of consolidation.

Hungry desire to feel relevant much? What was the story behind that guy anyway... Let's have a small reminder and feed the troll at the same time (who is in no way here on the forum posting in this very thread I'm sure ):

Keep in mind this is a guy that at one point asked the mods to ban or disable his account to make him stay away. I think that was the anonymint one. Then he came back later with I think at least one other account prior to the iamnotback though I can't remember what that one was as it was well over a year ago. He has some inciteful things to say at times if you can strip away all the nutty stuff but much of the time he just comes across as a raving nutcase. Some of the stuff he's said recently, like how bitcoin was about to crash (I think it was over a week ago), how segwit had been defeated on BTC and LTC, just makes it hard to take him seriously...

Nothing has changed in 2 years apparently.

Yeah... we just WUV hearing what banned ex-forum members have to say on the regular. Thanks Traxo.

It is totally possible. I started speculate that we will have two bull runs in this cycle same as it was in 2013. April and November runs. So we reach ATH of this run at end of this or beginning of next year and then crash. I doubt there will be a 80% crash. And a year latter we have the final bull run of this 2020 halving Bitcoin cycle.

I have no knowledge if this is a thing or not. Hell of a rumor to start however if you wanted peeps on one side of a fence or another is what I am thinking.

The BIG blockers have gotten on this kind of Shelby/annuymint dumb ass talking point for at least a year and a half now, in some kind of desperate attempt to stifle segwit adoption by propagating baloney pie in the scenarios that are largely just nonsubstantiated FUD spreading campaigns.

It is totally possible. I started speculate that we will have two bull runs in this cycle same as it was in 2013. April and November runs. So we reach ATH of this run at end of this or beginning of next year and then crash. I doubt there will be a 80% crash. And a year latter we have the final bull run of this 2020 halving Bitcoin cycle.

The Rogue Wave and coming nosebleed ATH and collapse of Core BitcOn (perhaps to ~$775 at the halving).

So we all need to move our coins to legacy addresses?

The downside to keeping hodl stash/cold storage coins in legacy addresses is that you'll probably have higher transaction fees when you finally move them.The upside is that you'd avoid any potential segwit based attacks on bitcoin, like if miners decide to take all the segwit coins.

So, I guess you have to balance the estimated future fees for non-segwit transactions with the estimated potential for miner theft.

The BIG blockers have gotten on this kind of Shelby/annuymint dumb ass talking point for at least a year and a half now, in some kind of desperate attempt to stifle segwit adoption by propagating baloney pie in the scenarios that are largely just nonsubstantiated FUD spreading campaigns.

The Rogue Wave and coming nosebleed ATH and collapse of Core BitcOn (perhaps to ~$775 at the halving).

So we all need to move our coins to legacy addresses?

The downside to keeping hodl stash/cold storage coins in legacy addresses is that you'll probably have higher transaction fees when you finally move them.The upside is that you'd avoid any potential segwit based attacks on bitcoin, like if miners decide to take all the segwit coins.

So, I guess you have to balance the estimated future fees for non-segwit transactions with the estimated potential for miner theft.

Another set of downsides is that you are not supporting segwit, increasing the likelihood of a segwit attack through your nonsupport and supporting the FUD spreaders predictions by doing what they want you to do.. You can do what you want, but don't you find it a bit problematic to try to get others to do the same, especially when it remains a kind of attack on bitcoin's current direction involving segwit and based on incomplete information of BIGblocker FUD spreaders?

The BIG blockers have gotten on this kind of Shelby/annuymint dumb ass talking point for at least a year and a half now, in some kind of desperate attempt to stifle segwit adoption by propagating baloney pie in the scenarios that are largely just nonsubstantiated FUD spreading campaigns.

I love empty 2 GB blocks.

Maybe I am missing something.

Bitcoin is not empty, right?

In recent times, Bitcoin has been having a lot of on chain transaction, yet fees remain relatively inexpensive with decently quick transaction times.

Bitcoin is doing pretty good in the whole scheme of things, especially being an open source project that is largely incentives based with increasing and increasing networking effects on a variety of levels - that also includes increasing adoption too... Can't really complain about any of that, right?

The Rogue Wave and coming nosebleed ATH and collapse of Core BitcOn (perhaps to ~$775 at the halving).

So we all need to move our coins to legacy addresses?

The downside to keeping hodl stash/cold storage coins in legacy addresses is that you'll probably have higher transaction fees when you finally move them.The upside is that you'd avoid any potential segwit based attacks on bitcoin, like if miners decide to take all the segwit coins.

So, I guess you have to balance the estimated future fees for non-segwit transactions with the estimated potential for miner theft.

Another set of downsides is that you are not supporting segwit, increasing the likelihood of a segwit attack through your nonsupport and supporting the FUD spreaders predictions by doing what they want you to do.. You can do what you want, but don't you find it a bit problematic to try to get others to do the same, especially when it remains a kind of attack on bitcoin's current direction involving segwit and based on incomplete information of BIGblocker FUD spreaders?

So, if I keep my cold storage coins in a legacy address, how does the affect anyone but me?

Attacking segwit isn't going to accomplish much at this point anyway. That battle was already fought, and the pro-segwit side achieved a major victory. I agree that any negatives about segwit will remain big blocker talking points, as they try to make BTC look weak. That doesn't mean there aren't still legitimate criticisms of segwit, and lightning, for that matter.